The current ban on U.S. oil and natural gas exports makes no sense, either from a security or economic perspective, say researchers at the Bush School of Government and Public Service at Texas A&M University. Our abundant reserves of shale gas could, after liquefaction, find their way to Europe, helping to alleviate Russia's choke hold on gas supplies to the region.
In the study “Free Trade in Oil and Natural Gas: The Case for Lifting the Ban on U.S. Energy Exports”(http://bush.tamu.edu/mosbacher/takeaway/Takeaway%20Oil%20Ban.pdf), researchers find that freeing natural gas and oil exports would strengthen the world economy, have a positive effect on foreign relations and allow the U.S. energy industry to retain its strength.
Researchers James Griffin, professor and Bob Bullock Chair in Public Policy and Finance, and Gregory Gause, professor and head of the International Affairs Department are both available for interviews by contacting Lesley Henton, Division of Marketing & Communications, at [email protected].
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